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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Ms. X who wrote (1256)	2/28/1998 3:23:00 PM
From: wizzards wine	Read Replies (1) \| Respond to of 34816

Jan, SOOOO Sorry. Didn't mean to confuse you. On looking at the TRO of HDI, I found that it's daily average volume was around 520,000 shares multiplied by 24 gives you at monthly rate of 12,456,000 shares traded per month. Their float is 114,000,000 shares. When you divide the monthly rate by the float you get a 10.9% TRO. Anotherwords, 10.9% of the shares are traded each month. Looking at SNDK in one day, yesterday 11.5% of the shares were traded. Even DELL only trades at a TRO of 84% per month. The question to you was, what would cause such a high percentage of a company's stock to trade in one day? On regular days for SNDK their trading around 5-6% of their shares every day, giving them a TRO of 137%. Just seems strange and thought you might have some insight or reasoning. Thanks :-) Preston